Why would it ever go sideways? There's trillions of dollars outstanding, yet only millions of BTC. And the monetary base expansion is totally different, with USD having an undefined money supply function. These price correlations are a bit like witchcraft imo.
@WayAtTheEnd, I also have about 5 charts on BTC all with various forms of TA, all of them suggesting to me it's a good time to be bullish.
Here's a screen from one of my latest public charts(personalized bitcoin index):
This one is really old by the key thing is that ~$3k was the bottom of wave 5 of the only Elliot waves I've ever drawn back late 2017:
@WayAtTheEnd, as i said, one of the two conditions needs to be met for market trend reversal. 1. a drop to around 1.8-2k, thats 90% drop coincide with my time cycle analysis, and the demand zone. 2. we consolidate above 3.15k until the end of Q3 (thiis conclusion can be draw by the monthly trend line for the bear market, also coincide with my time cycle analysis).